The Johannesburg Stock Exchange (JSE) has released its 2025 half-year financial results, reporting double-digit growth amid ongoing global challenges. Net profit after tax (NPAT) has increased by 13.2%, supported by strong performance across core business lines such as Capital Markets, Post-Trade Services, and Information Services. Operating income grew by 11.4%, and the exchange continues to generate significant cash flow from operations[1][2][3].
The JSE achieved a historic milestone recently, with the FTSE/JSE All Share Index surpassing 100,000 points. The bourse’s share price is up over 50% since the establishment of South Africa’s government of national unity (GNU) and more than 70% in dollar terms. This outpaces other emerging markets, which are up about 15% year-to-date, with the JSE’s overall performance reaching 18% for the same period[1][3][5].
The exchange has also made significant technological advances, resulting in robust and resilient systems with an uptime of 99.94% across all markets. CEO Leila Fourie has highlighted the strength of the JSE’s earnings diversification strategy and the positive implications of these results for South Africa’s capital markets[1][2].
In structural news, the JSE is considering extending its trading hours to 24 hours in line with global market trends. This proposal is under review, with consultations ongoing among market participants. Such an extension could boost South Africa’s position in global markets, especially due to its numerous dual-listed companies. However, skepticism remains among local brokers and traders, citing low local trading volumes as a challenge to viability[4][6][7].
References
- [1] Company Results | JSE reports robust half-year results – YouTube
- [2] JSE delivers robust half-year performance amidst global challenges
- [3] WATCH: JSE delivers ‘strong’ first-half performance – YouTube
- [4] Africa’s biggest stock exchange considers extending trading to 24 hours – Business Insider Africa
- [5] Johannesburg Stock Exchange | JSE
- [6] South Africa: Johannesburg Stock Exchange Weighs 24-Hour Trading Amid Global Shift
- [7] Africa’s biggest stock exchange considers extending trading to 24 hours – Club of Mozambique